Crisis Looms As KRA Tax Deadline Nears.

(From The Nation (Kenya) - AAGM)

Byline: Chris Mburu

Crisis looms once again at the Kenya Revenue Authority's Nairobi headquarters as the deadline to pay the 2003 taxes approaches. June 30 is the deadline for last year's income tax returns, and it is just 10 weeks away.

Accountants and income tax consultants were overwhelmed last week by business owners who started rushing there for help, some of them without supporting documents and records.

Worse still, KRA had not, by last Thursday, issued the necessary income tax return forms and stationery to enable those travelling abroad, accountants and clients who have already finalised their audited balance sheets and accounts, to meet the June 30 deadline.

"We have not been able to collect the income tax return forms from KRA. We are being told that they are not ready," Mr Wilson Opembe of Opembe and Associates, an audit firm, told the …